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On March 15, Year 6, a company issued 10,000 of $100 par convertible preferred stock...

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Accounting

On March 15, Year 6, a company issued 10,000 of $100 par convertible preferred stock at $104. Each share of convertible preferred is convertible into five shares of the company's $1 par value common stock
On October 19, Year 6,3,000 shares of the convertible preferred stock issued on 3/15, Year 6, is converted to common stock.
Please prepare the journal entries for both March 15 and October 19.

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